11–17Oct 2026
USD/NOK Weekly Forecast: 11–17 October 2026
The weekly bias is bullish on the D1 trend and positive momentum, but mixed closes and neutral H4 conditions leave confirmation incomplete.
Current outlook · 17–24 Oct 2026
USD/NOK has a bearish weekly bias as D1 and H4 trend states align lower, although mixed daily closes and momentum leave the setup conditional.
Read full forecastBrowse earlier USD/NOK outlooks and analysis.
The weekly bias is bullish on the D1 trend and positive momentum, but mixed closes and neutral H4 conditions leave confirmation incomplete.
USD/NOK trades with strong bullish momentum near 9.62813, though overbought RSI readings and proximity to the upper Bollinger Band highlight potential resistance ahead of 9.79643.
In summary, USD/NOK is displaying upside momentum around 9.41857, testing immediate resistance near its upper Bollinger Band while remaining supported above 9.17133.
USD/NOK trades near 9.27063 with downside technical indicators intact and key support at 9.17133. Key monetary policy announcements and economic releases are poised to guide USDNOK directional momentum.